Walmart is a million-dollar company based out in the United States. This is also a multinational retail company that operates hypermarkets across the US. This is one of the biggest brands in this sector and they have achieved a revenue of more than 500 million dollars in the year 2022 so far. Based on the revenue number it looks like the company is going and also urgent in its sector. Walmart has shared a statement that Crypto can be of the other biggest payment options in the future and I think this is good news for the Crypto community. This is because if Walmart decides to accept Crypto for the goods the cell at the department store will bring a lot of people into the ecosystem.
While Walmart is a very big company and sharing this kind of statement where Crypto its supported means a good science for the overall Crypto community in the world. Maybe they are working behind the scene to join Crypto maybe they are just wearing the update that they should be trying to target soon. This is difficult to identify what they are going to do next but this statement is definitely making a good impact by the company in the crypto market.
This year has been good for crypto and many companies have announced that they are in crypto now but I expect that many more will announce in the coming weeks and months. Wish you only need more companies in the crypt also that corporate money flowing will contribute towards the price increase of Bitcoin and other cryptocurrencies.
Kumar also suggested that a significant amount of customers will be marketed to through the Metaverse and live streams on social media apps, and that crypto could be an important payment option in many areas
We know that Crypto is a revolution and if these companies accepted it as an alternative to paying for the goods and services days sell will make a bigger difference. Walmart is the biggest company but they have not expanded its presence across the world. This is a changing business they have so many branches and stores across the United State of America but in other countries, they do not have the presence. After the covid pandemic, many companies started to expand their business in more countries especially in retail because this has grown even during the pandemic.
Making payments through mobile is easy and if Crypto can be one of the ways that can be used to make the payment is going to be great. I just now there is no official announcement but seems like the company is working roll out the Crypto payment support and now they have started sharing their update in terms of more involvement. I have not seen any news where the company might have talked about crypto and Bitcoin but now finally this is a reality. I will not be surprised if someday Walmart announces that they are launching something unexpected for the people. This can be some innovative products or services that can be purchased through Crypto or maybe accompany different products by the company in this year on May be the next year.
Thank you
Posted Using LeoFinance Beta
This post has been manually curated by @bhattg from Indiaunited community. Join us on our Discord Server.
Do you know that you can earn a passive income by delegating your Leo power to @india-leo account? We share 100 % of the curation rewards with the delegators.
Please contribute to the community by upvoting this comment and posts made by @indiaunited.
Yay! 🤗
Your content has been boosted with Ecency Points, by @alokkumar121.
Use Ecency daily to boost your growth on platform!
Support Ecency
Vote for new Proposal
Delegate HP and earn more